(a) We wish to test the null hypothesis that the Las Vegas predictions are unbiased. This will correspond with ? = 0 and ? = b) Based on the results shown in the table, is there much evidence that the sample fit differs from the model ?y = ? + ?x, with values of alpha and beta above? Why?
(a) We wish to test the null hypothesis that the Las Vegas predictions are unbiased. This will correspond with ? = 0 and ? = b) Based on the results shown in the table, is there much evidence that the sample fit differs from the model ?y = ? + ?x, with values of alpha and beta above? Why?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 42PFA
Related questions
Question
For a football game in the National Football League, let y = difference between the number of points scored by the home team and the away team (so y > 0 if the home team wins). Let x bet the predicted difference according to the Las Vegas betting spread. For the 768 NFL games played between 2003 and 2006, output follows.
Predictor | Coefficient | SE Coef | T | P |
Constant | -0.4022 | 0.5233 | -0.77 | 0.442 |
BP | 1.0251 | 0.0824 | 12.44 | 0.000 |
(a) We wish to test the null hypothesis that the Las Vegas predictions are unbiased. This will correspond with ? = 0 and ? =
b) Based on the results shown in the table, is there much evidence that the sample fit differs from the model ?y = ? + ?x, with values of alpha and beta above? Why?
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